Government could halt acquisitions years after a deal was concluded under new legislation
Ministers are seeking sweeping powers to block takeovers by Chinese and other foreign companies on national security grounds as part of the biggest shake-up in the UK’s industrial intervention policy for nearly two decades.
A national security and investment bill is due to be published on Wednesday, which would also allow ministers to retrospectively halt acquisitions any time in the five years after the deal was concluded.
Related: UK security bill signals open door era for foreign takeovers is over
You can’t be neutral about a company involved in slave labour, or in significant intellectual property theft
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